【CNBC】Major real estate developers are fast becoming power brokers

• The sudden surge in demand for data is fast creating new commercial real estate sectors, including so-called powered land.
• The land needs to be secured with the permits, utility commitments, and infrastructure needed to deliver power to a data center.
• Roughly 40,000 acres of powered land, almost 2 billion square feet, are needed to support current projections for data center growth over the next five years, according to a new research paper from Hines, a global real estate investment manager.

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